February 19th, 2018

Business

Minnesota’s $5B case over 3M chemicals heads to trial

By The Associated Press on February 19th, 2018

MINNEAPOLIS – Minnesota officials will soon try to convince a jury that manufacturer 3M Co. should pay the state $5 billion to help clean up environmental damage that the state alleges was caused by pollutants the company dumped for decades. The long-awaited trial begins Tuesday in Minneapolis. Experts say it could have wide-reaching implications if ... Read More »

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Budget to focus on middle class as fewer Canadians identify as middle class

By Levi Garber, The Canadian Press on February 19th, 2018

OTTAWA – Computer programmer David Galvin should be the quintessential beneficiary of next week’s federal budget, which is expected to continue the Liberals’ persistent rhetoric and focus on bolstering the middle class. He is educated, has had a career in advanced technology and lives in the economic heartland of southern Ontario. But Galvin no longer ... Read More »

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Banker: “Nightmare” dodging extortion attempts in Latvia

By Carlo Piovano, The Associated Press on February 19th, 2018

LONDON – Latvia’s top banking official, a key member of the European Central Bank, has been accused by local bank Norvik of seeking kickbacks, trying to launder Russian money and retaliating against the bank when it refused to play by the “rules of the game.” In a high-stakes drama for the tiny Baltic country, Ilmars ... Read More »

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Judge grants $300M loan for Puerto Rico power company

By Danica Coto, The Associated Press on February 19th, 2018

SAN JUAN, Puerto Rico – A federal judge on Monday approved a $300 million loan for Puerto Rico’s power company that officials say will help keep the troubled agency operating until late March. The ruling comes just days after the judge had rejected an initial $1 billion loan request made by a federal control board ... Read More »

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Competition Bureau says its policies are adequate to deal with big data dangers

By The Canadian Press on February 19th, 2018

OTTAWA – Canada’s competition regulator says it’s not the size of the data, but the size of the deception that it must guard against as it considers protecting innovation and competition in a marketplace where big data is seen as a growing concern. It says in a new report the emergence of firms that control ... Read More »

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North American markets closed for holidays, re-open Tuesday after positive week

By The Canadian Press on February 19th, 2018

TORONTO – Major North American markets were closed for a holiday after a positive week that saw Bay and Wall Street’s major markets make gains following a tumultuous period earlier this month. The Toronto stock market was closed for a provincial holiday, while south of the border U.S. stock markets were closed for Presidents Day. ... Read More »

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Push to repeal bylaw allowing stores north of Toronto to open on Family Day

By Adam Burns, The Canadian Press on February 19th, 2018

Labour groups and some politicians are pushing to repeal a bylaw that allows retailers north of Toronto to stay open on holidays such as Family Day. Councillors in York Region, which consists of nine municipalities including Markham, Vaughan and Richmond Hill, Ont., voted 17-3 in favour of the Holiday Shopping Bylaw in November. The legislation ... Read More »

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London Fashion: Erdem shows fancy florals; Kane goes for sex

By Gregory Katz, The Associated Press on February 19th, 2018

London Fashion Week saw a flurry of shows Monday emphasizing romance and femininity, often with exquisite workmanship and dashes of mystery and drama. Dresses dominated the runway. Christopher Kane offered a strong collection of very feminine, sometimes very revealing dresses at his catwalk show at the Tate Britain museum. Canada-born designer Erdem Moralioglu turned the ... Read More »

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Finance Minister takes a pre-budget story time break at child care centre

By Dirk Meissner, The Canadian Press on February 19th, 2018

VICTORIA – British Columbia’s finance minister shelved the tradition of buying new shoes to present her budget in favour of reading a story Monday to a group of three- and-four-year-old youngsters at a Victoria child care centre. Carole James said her husband has promised to shine up her favourite pair of shoes for Tuesday’s budget, ... Read More »

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B.C. challenges Alberta’s ban on wine over pipeline expansion dispute

By The Canadian Press on February 19th, 2018

VANCOUVER – The British Columbia government has launched a formal challenge against Alberta’s ban on its wines. B.C. said Monday it has notified Alberta that it is formally requesting consultations under the Canadian free trade agreement’s dispute settlement process. Trade Minister Bruce Ralston said Alberta’s actions threaten the livelihood of the families that have worked ... Read More »

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